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Cash Flows In Romanian Small And Medium Enterprises

Author

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  • GABAN LUCIAN

    (1 DECEMBER 1918 UNIVERSITY ALBA IULIA, ROMANIA)

Abstract

Financial reporting system includes three main pillars, namely balance sheet, income statement and cash flow. If the balance sheet reflects shareholders’ wealth at a given time, income statement demonstrates the efficiency or inefficiency of the activity and cash flows measures the company’s viability. This is the reason for which I have approached the cash flow matter in this paper, reviewing the latest studies and studying in detail the evolution of cash flow ratios on small and medium enterprises in Romania for a period between 2006 and 2014, highlighting the effects of the financial crisis on these enterprises.

Suggested Citation

  • Gaban Lucian, 2016. "Cash Flows In Romanian Small And Medium Enterprises," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 46-52, August.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:4:p:46-52
    as

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    References listed on IDEAS

    as
    1. Peter A. Silhan & Steven Cahan, 2014. "Interfirm differences in earnings variability: an analysis of fundamentals, cash flows and accruals," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 54(4), pages 1357-1379, December.
    2. Tangsucheeva, Rattachut & Prabhu, Vittaldas, 2013. "Modeling and analysis of cash-flow bullwhip in supply chain," International Journal of Production Economics, Elsevier, vol. 145(1), pages 431-447.
    3. DeFond, Mark L. & Hung, Mingyi, 2003. "An empirical analysis of analysts' cash flow forecasts," Journal of Accounting and Economics, Elsevier, vol. 35(1), pages 73-100, April.
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